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<br /> , � ,�.<3. Hme�i/1�F�a�1Y ��OtrDwet oi�y�',�ae�ceCd o1r 1hE �.
<br /> � IOBA �lE. �191�5 tLCGidOd 1�E�TA t�'LEfI!!�E7�Ed COYQi�E �i�Of�Ef�w.w�Y?f � �
<br /> ; Pcvpe�tF.. a��t bY ,
<br /> floods o�tlo�odin8,foF whic�I.eoder ieguires�a.'tl�is ia�arnoe'sbali ba m�i�ainod in du aa�`and fAr�he pecbds .`.
<br /> , that Laider t�s.The insucance camer.lxovidii?B�tL�insiiraaoe sh�lI�be�hdsen Ery Bor�ov_Pa�ubjed to i.eodec:�appmvat
<br /> ' wtiich sLait.mt be unn�sanabty withl�etd.V Borrower fails w mamt�a caye�ge d�cn'be�above,i,eacler may:a� f�nd�er'S � � `r
<br /> .� aption,ol�in oo�raaSe tb�rotett I.adePs rights ia tl�e Pcapertp m ac�ord�whb parag�►h 7.` . . � � �
<br /> AI�i�ttac�ae policies ana t�vrats shai!6�stooe@tabte to'I,wdar aod st�al}iRdude a�duad moctgaige daase.I.eade7r �
<br /> - - �sfiail i�av+e ihe rigUUt t�hof�ibe paUcies aod renevvats:ffI�ad"er i+cqouie.s,B�orrfnversi�t pr+omptty gevc�I:ender�It reaipts of < ' �
<br /> ' Paid{�ct�iams�ad ceac�vai m�aioes.In ttit eve,�t of tass.Aorcnwer sQall Slve PmmpE mtice to tLe imv�ance urrier and�,soder. ;
<br /> , Estidex may ma"I�e.proof of toss if not ii�ade pcumptly by Bamnv�x. . . ° .: . .
<br /> =_ . Ualess Lender and Bormwer otherv�ise agree in writing,iasaranoe prooeeds shail ba apptied tb testorntion or reptir of the ,
<br /> -- — °Fropeity d�es.J�6e ttstoc�tioa or npafr is eao�iouucaiiy�te mQ!I.e�r's�is nnt 1e�cened.ff the restv_�eion oc
<br /> �-is noc 000ao�y fem'tile or I.ender's�ocvrity wauid bc Icssaned,tt�e issut�nce pc+aee0s sl�be applied ta tbe sams . �
<br /> seau+ed 6y tbis S4cutity Insmn'neat,arbether or bot dm dut.with anjr eaass.�id w Baa+o�cu. ff B�nwer al�mdans tbe -
<br /> Pmpeity.or das not aaswer aricl�in 3b days a cwtioe fiom La�der ttrat�tbe irmuaaoe carcier has ufferod to seute s�claim,tbai� •
<br /> - . I.,ender majr colfax the ir�smar�ce procxeds. Lender may use tlu pcoae�s to nepair or restoae thc Prap�ty or to pay s�nr�s
<br /> soa�r+ed by tbis Suurity Im�rume�t.whether or mt�thea dne.11ie 30-0ay period v�n'll begin when ihe`notia is given. . .
<br />—� UNess I.eioder�and Botrower otha�wise agnee in arriting, �Y�tioa af prooeQds ta prinaipal s6alt nat exuad,or .
<br />" � p�tpone the dne date of tb�e munthlY P�Y�referred w in p�g:aplu 1 a�t 2 or d�u�ge t6e a��af tbc pa�ymatts. If
<br />�-�= under�iagrap6 21 tbe Pcopeay is aoquired by Lender.Bmm�wer's tigbt to aay insaraooe pol�cies sod pmoeeds nsotdng frnnt
<br /> –_ damage to t1�e PropertY Prior ta d�e acquisition sbali p�ass w L.�der to the amem af tbe sdms searod by this S�owriry Insunm�ent
<br /> ��Y F�m ttrc acquisition. . � , .
<br /> 6.OaePn�.Y.p►+e.tav�tbn.11fainfemo�e�md Ptotedlon o[t�e Ftnperty;Bare+uwa's Imn`Applicatbn;I.eseeMolds.
<br /> =�` Somawer sbail ooa�py.esta�lis6,a�us�tlie Pcaperty as�ornmwer's p�l nsidaioe amhin sixty clstys aRer du ezecudon of
<br />_;:f=, this Secosity Iamumem md's6all coatinue to oeaipy the Pi�operty as Borrower's principal r�esidaxe for at least one yqr after
<br /> _ the datc of occupapcy,unless Lender otherwise agras in writing.wh�ch oonseat shail rot be unrtasonably withheid,or m�tess
<br />= extem�ating cicwmrtanoes eust afiicti�ar� beyond Borrower's comr+n�. Borroarer st�ail �t dcstrojr. dafiage or irs�pair tTie - �
<br /> Property,aUow the Pmperty w deteriordte.or commit waste on the Property. Bomnwer shali be in default if any fodeiture
<br /> action ar pmo�ding. whether civik ur criminal.is begun that in Lender's good faitb judgmcnt coutd result ln fosfeitute of the
<br /> - ' - "'..•`�'`� PmPer�y or othe�wise AraterialtY impair the lien created by this Serutity Insttument or I.ender's socurity interest.Bonnwer may
<br />- . - , '��� �Y aue sach a defautt and reinstate,as ptaviaed ie paragraph 1$.by causiag.the action ar pmceodiag to be dismissed with a mling
<br /> � that, in Lendrr'� goad faith dete�i�atian, precludes forfeit�ne of the Bomuwer's i�erest in thc Property or othet material
<br /> . -•,1;-.;. :'.,�lr: , impaim�ent of tbe lien ereatod by this Security Instrument or Lender's security interest. Bomnwer shall also be in defaait if
<br /> Botrower,during the laan application pra�oess.gave nmtetialty falsene inaoc,vrate infonnation or statetnetns to l.eader tor faited
<br /> ,�'�;- " to provide I.ender with any material infomratian)in cannectioa with the loan evidenced by the Nate,including,hut�t Grivted
<br />- - .. ��.,.`�- ta;tepres�ntauoms w�tit�g Bormwer's of ttte Ptn as a �
<br />- :�'�,s•`=;:'.'..�: � P�Y P��P�residence.if this Security Instrnment is on a
<br /> � ��'�.: � , leasehold. Horrowor sl�ull crompty with all the pravisions o#'the lease. If Borrower acquires fee title to the Property. the ___ –
<br />- �� � ° • leasehold and thc fee tide shatl not mergc untess Lender agrees w the m�rger in writing. �.�:=_-
<br /> - :�=�`: ; • 7.Ptotection ot I.epde�s RighLs b the P�+npeety.if Borrower failc ta perfarm the cavenanu and agreements oanta�ined in ���---
<br /> - _ .. this Secority itistttuttent.ar there is a legal pmceeding thai ma�signiticantly affect Lendet's righ�s in the Property(sach as a �-u•;�-���
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<br /> roceedin m banlwptcy,pmbate, far condemnation ar farfeiwre or to enforcc laws or ulations):then I.ender ma do and `'�'=�"
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<br /> " •-�+A;'� • . •�f.:� pay for whatever is[�eessary ta protect ihe value of the Praperty and I.ender's rights in the Property. l.ertder's actiotts may. �:.`:`+:z.':-
<br />' I–'=.�.=-:��� �- include paying any sums serured by a lien which has priority over this 5ecurity Insuumene. appearing in c�ntr't. paying -:='
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<br /> ° �� �'' .. :- . reasonable auomeys fees ard entcring on the Property to makc repairs.Although l.cncter may take action under this paragraph "
<br /> +�- , � , 7.Lender doea not have to do r,�. '
<br /> :',,; _ - . .. Any amaun��disbur.ced by Lendcr under�his parasraph 7 shall bcc�me additional�debt of Borrawer socured by this . . '
<br /> � ,: ,�` ` ' Seturity Instrument:Unless Borrawcr and l.ender agree to aihcr tcrms of paymeni,thece am�unts shall bear interest from the •
<br /> . y� ' ° date af disbnrsemcnt at the Nate racc aMi .halt be payable. with intcrest, upan notice fram L.crnier ta Barrawer requesting '�'
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<br /> - :.:. PaYment. _
<br />- ' . `� ` 8.Nlo�e IttSU�nce.'if Lender reyuirecl mortgage inwr.ence s�.�a cnndition nf making thc laan rccured hy thiti Secutiry .�i�'�`�
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<br /> . .;�..:� .'.. ; � � . lnsuument. Borrower shall pay the prcmium.� roquired to maintain the mart�e insurancc in effect. If. for any reason, the .
<br /> � ':;;,,, . ' � mortgage insurmtce coverage require�by I.ender lapsez or cra.uw ta bc in effect. Barrawer siwll pay the premiums required to
<br />; � ' obtain coverage subsWntialty equivalem to the mnAgage'in+urance previoucly in cffe�K.at a catit+ub�tantially equivale�ta the `
<br /> -- - ' `---_' «��t ta Borrowcr of thc murtgage incurancc pnwioucly in cf'foct. from an uttcrnatc mortg�gc irnurcr�ppr�ivocf hy Lc�xlcr. If - .
<br /> _ ' �"` : subststntially cquivalcnt mongagc insurancc covcrnge iv nrn availublc.Bnrtowcr tihall pay t<�L.crnlcr rsch month a tium cyual to � •
<br /> , " one-twelftl►uf the ycarly mortgagc incutance premium I�ein�paid by Bi�rruwc�when thc iowrsmcc cavcragc lap.ral ur erdsed to �
<br />� : �_`�`: • bc in effect.Lendcr will acccpt. use and retain thcwc paymenG�a� a kn� rescrvc in licu uf murt�c in.tiunencc. Lcns reserve .
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